West-Coast Real Estate III A/S — Credit Rating and Financial Key Figures

CVR number: 38418246
Reesens Vej 2, 6800 Varde

Credit rating

Company information

Official name
West-Coast Real Estate III A/S
Personnel
8 persons
Established
2017
Company form
Limited company
Industry

About West-Coast Real Estate III A/S

West-Coast Real Estate III A/S (CVR number: 38418246) is a company from VARDE. The company recorded a gross profit of -3497.5 kDKK in 2024. The operating profit was -3497.5 kDKK, while net earnings were 5136 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.8 %, which can be considered excellent but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. West-Coast Real Estate III A/S's liquidity measured by quick ratio was 3.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1 342.064 471.60-1 549.00-5 110.96-3 497.55
EBIT-1 342.064 471.60-1 549.00-5 110.96-3 497.55
Net earnings11 275.438 387.37-12 153.99-21 240.255 135.95
Shareholders equity total20 528.2728 915.6516 761.66-4 478.59657.37
Balance sheet total (assets)162 152.48172 185.58190 363.26138 111.7463 606.89
Net debt126 563.56129 765.72145 384.22132 012.4657 531.58
Profitability
EBIT-%
ROA9.9 %7.5 %-5.2 %18.4 %44.8 %
ROE75.7 %33.9 %-53.2 %-27.4 %7.4 %
ROI10.2 %7.7 %6.1 %-11.6 %7.7 %
Economic value added (EVA)-1 111.954 567.13-1 405.64-3 492.13-1 922.27
Solvency
Equity ratio97.8 %96.4 %95.5 %93.2 %94.1 %
Gearing672.3 %477.6 %1003.8 %-3145.6 %9138.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.629.74.01.23.5
Current ratio3.629.74.01.26.2
Cash and cash equivalents11 445.918 337.4722 863.828 867.752 541.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:44.8%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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